Business, 16.04.2020 19:58, xoxotrish5401

The Nelson Company has $1,350,000 in current assets and $540,000 in current liabilities. Its initial inventory level is $410,000, and it will raise funds as additional notes payable and use them to increase inventory. How much can Nelson's short-term debt (notes payable) increase without pushing its current ratio below 1.8

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The Nelson Company has $1,350,000 in current assets and $540,000 in current liabilities. Its initial...